HTST 307 Lecture Notes - Lecture 9: Thomas Robert Malthus, Industrial Revolution, Infant Mortality

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Causes of the industrial revolution, rapid population growth was the single most important demographic changes. Industrial revolution creates a global change: ultimate significance. Increased substantially in wealth the countries that were globalized: populaiton nearly doubled in 100 years, socialism, emerges as a coherent set of ideas between 18, 82 million people take place in migration, transport goods faster. Increase specialization: focus on what you do best and get everything from someone else, railroad makes you expand your routes, start of the revolution. Marxist theory: three works, the communist manifesto -1848, the critique of political economy, das capital (volume 1, 1867, all these lay out the basic comment s of marxist theory, marxist theory. Labor, not the market, sets the value of goods and services. Labour sets the market for goods--> against adam smith: said there are more labourers than capitalists, told laborers to know their value and get rewarded accordingly.

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